As one of the major Lynas customers for magnetics anything positive Shin Etsu has to be a big positive for Lynas.
Their 1st Q June 2021 report stated: sales +21%, income +42% both YoY, but most pleasing NdFeB comment:
"expanding efforts to increase capacity RE magnets" > my hybrid, original page 2:
https://www.shinetsu.co.jp/wp-content/uploads/2021/08/20210727_summary_E.pdf
Shin Etsu were primed for major growth 2020, obviously didn't happen, so important for Lynas if they can get that back on track next couple of years, GO Shin Etsu!
As one of the major Lynas customers for magnetics anything...
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